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Lower prices driving Auckland sales

Friday 2nd of August 2019

New data from Barfoot & Thompson’s shows that July saw prices falling and sales numbers rising.

Both average and median prices were down in July, as compared to June as well as to the average for the previous three months.

The average price fell by 2.2% to $919,648 from June, while the median price decreased by 5.3% to $800,500.

Barfoot & Thompson managing director Peter Thompson says this was enough to unlock sales numbers, with July sales being their highest in the month of July for three years.

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